Guardian Ins Co
Major Rating Factors:
Fair overall results on stability tests (4.9 on a scale of 0 to 10) including. The largest net exposure for one risk is conservative at 1.0% of capital. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (8.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital has steadily grown over the last five years.
Other Rating Factors:
History of adequate reserve strength (7.0) as reserves have been consistently at an acceptable level. Excellent profitability index (8.7).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Personal/comm auto (46.3%), comm multi (11.2%), homeowners (6.7%), fire (4.7%), other (31.1%)
Licensed in:
PR, VI
Principal Investments:
Investment grade bonds (80.4%), cash (9.7%), common stock (9.3%), non investment grade bonds (0.5%)
Corporate Info
Group Affiliation
Lockhart Caribbean Corporation
Investment Rating
--
Company Address
9716 Estate Thomas
Saint Thomas, VI 00802
Saint Thomas, VI 00802
Phone Number
(340) 776-8050
NAIC Number
17779
Website
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